Yarmouth Retail Investment / Multifamily Development Opportunity

Located on Massachusetts Route 28, this area boasts numerous amenities and attractions, ideal for prospective investors seeking a retail or multi-family redevelopment opportunity. Within a short distance, professionals can access the Cape Cod Hospital, a plethora of dining options, local retailers, and picturesque parks.This 11,630 SF building offers vast potential for retail or street retail investment, with the added advantage of redevelopment potential for up to 26 residential units (By Right). The property is located within the VC2 Overlay Zoning District (ZD), which allows a higher residential density than the underlying Business ZD and HMOD1 Overlay ZD. The VCOD Bylaw permits 16 residential units per acre, translating to approximately 26 units for 1.65 acres. Additional due diligence is required for the full development potential of the site. Municipal sewer is slated to be at this location targeted for 2025-2026! Previously the location was permitted for a 300+ seat F/S restaurant and could also be viable for an end user.